ICEC

Sidi Kerir Petrochemicals 9-month profit ups to 703mn Egyptian pounds

Egyptian state-owned Sidi Kerir Petrochemicals Company’s (Sidpec) nine-month net profit jumped to 703 million Egyptian pounds ($39.8 million), the company said in a bourse filling on Wednesday.

Earlier, profit stood at ‍​543 million pounds during the first nine months of 2016.

Revenues climbed to 3.32 billion pounds from 2.24 billion pounds last year.

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